The Federal Aviation Administration has completed its investigation into Virgin Galactic's latest flight and cleared the company to resume operations..
In early September, the regulator began to study the details of the Virgin Galactic flight., which took place 11 July. According to management, during the flight, the VSS Unity ship deviated from the given trajectory and went beyond the boundaries of safe space. The regulator banned the company from conducting any tests until the end of the investigation.
After complaints from management, Virgin Galactic made a couple of amendments. The company has expanded the safe area, to have more room for maneuver during the next flights. The company also improved the notification system., which will be received by the Civil Aviation Authority during the flight.
As Virgin Galactic CEO Michael Colglazie said, the regulator accepted all the amendments and allowed flights to resume. After Kolglazye's announcement, the company's shares on the postmarket rose by 10%. Since the beginning of the year, securities have risen in price by 7%, from 23.21 to 24,85 $.
Unity's next mission 23 Virgin Galactic expected to hold at the end of September. During the next test, the company's supplier warned of possible problems in the control system, so the flight was rescheduled for the second half of October.
